According to the public record, 49, Veals Mead, Mitcham is a modern freehold house with 1,241 ft2 of internal area and sits on a 460 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Veals Mead, Mitcham, CR4 is located in the borough of Merton within the CR4 postal district.
49, Veals Mead, Mitcham has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 49 Veals Mead Mitcham as £687,983 and the rental value as £3,105 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 49 Veals Mead Mitcham has increased by £4,448 (0.6%) and its rental value has increased by £71 per month (2.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Veals Mead, Mitcham is in very good condition we estimate a sale value of £722,382 and rental value of £3,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,824 and a rental value of £2,888 per month.
If you were able to purchase this property for the estimated value of £687,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,381 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 49, Veals Mead, Mitcham sits on a plot of 460m2.
We have plot size data on 40 out of 53 other houses in the postcode and 49, Veals Mead, Mitcham sits on the 3rd largest plot.
According to HM Land Registry, 49, Veals Mead, Mitcham was last sold on 29 Sep 2017 for £652,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Veals Mead, Mitcham within a radius of 440 metres over the last 2 years.
The most recent example is 75, Heathfield Drive, Mitcham, CR4 3RD, a Freehold house which sold for £600,000 in May 2024.
Read more about house prices in CR4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veals Mead, Mitcham, CR4 has a total of 77 addresses. According to our analysis of all the public data, 49, Veals Mead, Mitcham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in CR4.
49, Veals Mead, Mitcham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Mar 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 49, Veals Mead, Mitcham is Colliers Wood station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Veals Mead, Mitcham, 42.2% of property is privately owned with a mortgage and 30.3% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 49, Veals Mead, Mitcham, 18.0% of residents are recorded as possessing school level qualifications and 46.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 49, Veals Mead, Mitcham, the average age was 35.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 49, Veals Mead, Mitcham, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 49, Veals Mead, Mitcham, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.